calculate the duration of the bond. Coupon 3% 9% Price ($) $939.98 1.300.10 Year 1 $30 90
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calculate the duration of the bond.
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Coupon 3% 9% Price ($) $939.98 1.300.10 Year 1 $30 90 Year 2 $30 90 Year 3 to 6 $30 90 Year 7 $1,030 1.090 Calculate the duration and modified duration for the 3% bonds in the table shown above. Assume annual coupon payments and a yield to maturity of 4 percent. Coupon 3% 9% Price ($) $939.98 1.300.10 Year 1 $30 90 Year 2 $30 90 Year 3 to 6 $30 90 Year 7 $1,030 1.090 Calculate the duration and modified duration for the 3% bonds in the table shown above. Assume annual coupon payments and a yield to maturity of 4 percent.
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